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Economic Development, M.A.

  • Application Deadline
  • 24 months
University rank #200 (QS) , TN,
The mission of the Graduate Program in Economic Development (GPED) is to provide leaders and policy-makers with the tools they need to better understand the process of economic development, enabling them to help craft policies that expand the opportunities and achievements of people.


The program leads to the M.A. degree in economics and is designed to meet the needs of participants that come from a diversity of backgrounds all over the world. It provides training that is appropriate for pursuing a variety of career paths, including careers in government, international organizations, academia, non-profit organizations, or the private sector.

Top Reasons Why Students Choose GPED

  • Course Flexibility. Course schedule can be individualized according to each student's particular needs. Students may take electives which relate to their programs such as business and finance courses from the Owen Graduate School of Management; Management of Technology courses in the Engineering School; International Education Policy courses from Peabody College; courses from Latin American Studies, Public Health, and Political Science.
  • GPED Forum. A new seminar series, the "GPED Forum" was established in 2013.  Prominent thinkers (including GPED alumni) from academia, policy organizations, think-tanks, corporations, as well as non-profit organizations, visit us for a day and give a one hour lecture on a topic related to their field. Time is also allotted for GPED students to meet these top economists and interact with them.
  • Class Size. There are typically 10 to 35 persons in courses offered to GPED students.
  • Alumni Network. Since its beginning in 1956, the program has maintained a strong network of alumni from more than 125 countries.
  • Free Tutoring services. GPED students are provided with tutoring services at no additional charge.
  • Program Assistance. GPED staff provide general assistance to students including airport pick-up and help with locating suitable housing and furnishings. The International Student and Scholar Services staff are happy to answer questions regarding visas and immigration status, work permits, and Optional Practical Training.
  • Vanderbilt Community.  Sarratt Student Center, the Student Recreation Center, the Student Health Center, as well as other facilities, are user friendly and easily accessible.
  • Job Opportunities on campus. There are many opportunities for students to work on campus. Students often work in one of the Libraries, the Student Recreation Center, Residence Life or Dining Services. 
  • Nashville. Vanderbilt University is located in a beautiful and safe city with a mild climate and moderate living expenses. The population is approximately  600,000.

Programme Structure

Courses included:
  • Microeconomic Theory
  • Macroeconomic Theory
  • Investment Analysis
  • Financial Management

                                              Detailed Programme Facts

                                              • Programme intensity Full-time
                                                • Full-time duration 24 months
                                              • Languages
                                                • English
                                              • Delivery mode
                                                On Campus

                                              English Language Requirements

                                              • Minimum required score:


                                                The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

                                                Schedule IELTS
                                              • Minimum required score:


                                                The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

                                                Schedule TOEFL®

                                              General Requirements

                                              • Unofficial copy of transcripts from prior undergraduate and graduate work (official final transcripts are required only after an offer of admission is made and accepted)
                                              • GRE scores.* You may self-report scores on your application; if you are admitted, official scores must be submitted before enrollment.
                                              • Official TOEFL or IELTS scores for international applicants* (this requirement may be waived for applicants who have earned a degree from an English-speaking institution)
                                              • Statement of purpose
                                              • Three letters of recommendation (academic references preferred)
                                              • Optional: résumé or CV (following these instructions: 

                                              Tuition Fee

                                              • International

                                                1967 USD/credit
                                                Tuition Fee
                                                Based on the original amount of 1967 USD per credit and a duration of 24 months.
                                              • National

                                                1967 USD/credit
                                                Tuition Fee
                                                Based on the original amount of 1967 USD per credit and a duration of 24 months.
                                              We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

                                              Tuition per credit hour.

                                              Living costs for Nashville

                                              • 1183 - 2200 USD/month
                                                Living Costs

                                              The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


                                              There is very limited aid—in the form of a few partial tuition scholarships—for students. International students should look for the financial aid information on International Student & Scholar Services website.

                                              Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

                                              The Global Study Awards: get funded with up to £10,000 to study abroad

                                              Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.


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